Is there an alternative for Google Reader?

Google is known for shutting down the products that do not provide good profits to it. So the questions arises- "Is there an alternative for Google Reader?" A few such examples are Picnic, the image editor, the clipping tool Notebook, the podcast client Listen, Google Desktop, the Offline search software, the free edition of Google Apps, Google SMS Channels, the personalized Google page called iGoogle, and the now in the list you can find the Google Reader. (more…)